PORTLAND, Ore. – A 121-year-old single-family residence in the Sunnyside neighborhood of Southeast Portland has received a demolition permit and is planned to be replaced with a new single-family dwelling.
The house is located at 3722 SE Taylor St. Built in 1894, it is 1,540 square feet in size and occupies a 3,465-square-foot lot.
On Jan. 30 the county recorded a sale of the property for $270,000, which was just $7,000 more than it sold for 12 years prior in 2003.
On March 23 the city received an application for demolition of the 1894 house. The demolition permit was not subject to the 35-day demolition delay due to the developer’s plan to replace it with one new single-family residence.
While the Portland City Council approved demolition code changes in February removing the replacement home exemption and therefore requiring all residential demolitions to be subject to the delay period, the city had 60 days to prepare for adoption of the changes. By the Portland Chronicle‘s estimations that period will end April 20. In the meantime developers continue to take advantage of the exemption.
In place of the 121-year-old home the developer plans to build a two-story single-family residence with a “lower level media room” and a tuck-under garage. That construction permit is still under review.
The property is now owned by Aaron Angelo Property Ltd., registered to Aaron Lewis Angelo in Vancouver, Wash. The applicant on the demolition was Nathan Arnold of permit fast-tracking company Faster Permits, while Mike Coyle of the same permit middleman company was the applicant on the new construction.
Angelo previously purchased a 1910 house in the Woodstock neighborhood for $350,000 last year, demolished the 114-year-old residence, split the lot and is replacing it with two new single-family houses, one of which recently hit the market for $625,000.